Rental market snapshot for West Los Angeles, Los Angeles
West Los Angeles rental market summary
The rental market in West Los Angeles, California is showing signs of growth. In July 2023, there were 242 new listings, a 14.9% increase from the same time last year. The median rent for July 2023 was $3,398, a 11.7% decrease from June 2023 and a 14.9% decrease from July 2022. This suggests that the rental market in West Los Angeles is becoming more affordable for tenants.
Overall, the rental market in West Los Angeles is becoming more competitive with an increasing number of listings and decreasing rents. This is good news for tenants looking for an affordable place to live in the area. With more options available, tenants can find the perfect rental that fits their needs and budget.
Median rent for all residential properties in West Los Angeles
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The most expensive listings and top trending buildings in West Los Angeles
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 1825 Pandora Ave | $18,500 | 3 / 3.5 |
| 1500 Reeves St | $15,000 | 5 / 3.0 |
| 9622 Kirkside Rd | $14,000 | 4 / 4.5 |
| 2735 Westwood Blvd | $9,750 | 4 / 4.0 |
| 2731 Anchor Ave | $9,495 | 5 / 4.5 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| AIMCO | $3,601 |
| Greystar Real Estate Partners LLC | $3,438 |
| Moss & Company | $2,495 |
| Lido Equities Management | $2,150 |
| Beach Front Property Management | $1,888 |
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Bedroom Breakdown in West Los Angeles
West Los Angeles neighborhood apartments rents
The rental market for studios in West Los Angeles, California is showing signs of stability. In July 2023, there were 3 new studio listings, and the median rent for studios was $2,416, a 3.6% decrease from the median rent in June 2023. This suggests that the rental market is not experiencing significant fluctuations, and that the prices of studios in West Los Angeles are relatively stable.
The rental market for 1-bedroom apartments in West Los Angeles, California is showing signs of improvement. In July 2023, there were 13 new 1-bedroom listings, which is a positive sign for the market. The median rent for 1-bedroom apartments in July 2023 was $3,204, which is a 4.6% decrease from the median rent in June 2023. This suggests that the rental market is becoming more affordable for tenants. Overall, the rental market for 1-bedroom apartments in West Los Angeles is looking promising.
The rental market for 2-bedroom apartments in West Los Angeles, California is showing signs of growth. In July 2023, there were 17 new 2-bedroom listings, which is a 10.7% increase from the median rent in June 2023. The median rent for 2-bedroom apartments in July 2023 was $3,990, which is a decrease from the median rent in June 2023 of $4,468. This indicates that the rental market for 2-bedroom apartments in West Los Angeles is becoming more affordable and is likely to continue to grow in the coming months.